NOT LISTED FOR SALE
6 Beds
4 Baths
3,280 Sq Ft
7,529 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $1,485,000 $453 Per Sq Ft

9 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • Wall Furnace

About This Home

As of February 2021

HERE IS YOUR CHANCE TO OWN RESIDENTIAL INCOME PROPERTY JUST STEPS FROM THE BEACH! 5430 DRIFTWOOD IS A (4) UNIT BUILDING CONSISTING OF (2) 2+1 UNITS AND (2) 1+1 UNITS. ALL UNITS HAVE SEPARATE METERS AND AN ASSIGNED GARAGE WITH ADDITIONAL PARKING IN DRIVEWAY. THERE IS ALSO AN ON-SITE LAUNDRY ROOM. PROPERTY IS LOCATED IN THE MUCH SOUGHT AFTER OXNARD SHORES COMMUNITY, WHICH IS WALKING DISTANCE TO THE BEACH, OXNARD BEACH PARK AND CLOSE TO SHOPPING, RESTAURANTS AND THE MARINA.

Last Agent to Sell the Property

Michael Preis

RE/MAX One License #01360798 Listed on: 01/11/2021

RE/MAX One

Last Buyer's Agent

James Helgager

Beverly and Company License #01482472

Beverly and Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,529 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 105600
  • Assessor Parcel Number 1910043075

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,080
  • Fuel Expense $480
  • Gardener Expense $960
  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Pest Control $360
  • New Taxes Expense $15,330
  • Operating Expense $25,957
  • Gross Income $450
  • Net Operating Income $33,780

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Oxnard Shores
  • Zoning: R3C
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1910043075
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 452.74

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7529.00
  • Lot Size Acres: 0.1728

Multi Family

  • Electric Expense: 4080.00
  • Fuel Expense: 480.00
  • Gross Income: 450.00
  • Gross Scheduled Income: 59490.00
  • Insurance Expense: 2500.00
  • Laundry Income: 450.00
  • Lot Size Area: 7529.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 33780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25957.00
  • Rent Control: No
  • Total Expenses: 25957.00

Tax Info

  • New Taxes Expense: 15330.00
  • Tax Census Tract: 36.09
  • Tax Lot: 38
  • Tax Tract Number: 105600

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $1,485,000 +6.1% $453 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $1,400,000 -- $427 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21001993

California Regional Multiple Listing Service (CRMLS)

APN: 191-0-043-075